Question
Gladstone Co. has expected sales of $346,000 for the upcoming month and its monthly break even sales are $325,000. What is the margin of safety
Gladstone Co. has expected sales of $346,000 for the upcoming month and its monthly break even sales are $325,000. What is the margin of safety as a percent of sales, rounded to the nearest whole percent?
Multiple Choice
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7%.
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106%.
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194%.
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6%.
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94%.
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Financial Modeling
Authors: Simon Benninga
3rd Edition
0262026287, 9780262026284
